How much does Greater London Hire Limited make?

Greater London Hire Limited reported revenue of £12.7m and a loss of £343k in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does Greater London Hire Limited have?

Greater London Hire Limited reported an average of 76 employees in the year to 30 Apr 2025.

Is Greater London Hire Limited profitable?

No — Greater London Hire Limited reported a loss of £343k in the year to 30 Apr 2025.

Company No. 01156173 · Incorporated 10 Jan 1974

Greater London Hire Limited

Registered name: GREATER LONDON HIRE LIMITED

Greater London Hire Limited made £12.7m revenue and a £343k loss in the year to 30 Apr 2025.

Greater London Hire Limited’s revenue fell 10% to £12.7m in the year to 30 Apr 2025, with a loss of £343k and 76 employees. The company is classified under “other passenger land transport” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49390Other passenger land transport SIC 53202Unlicensed carrier

Status: Active
Location: London, London
Age: 52 yrs · since 1974
Type: Private Limited Company

Latest accounts · year to 30 Apr 2025

Key figures

IndependentCash flow filed

Revenue

£12.7m

Growth ▼10.2%

Profit

−£343k

Growth ▼280.7%

Profit margin

−2.7%

Gross 34.5%

Employees

Change ▼3.8%

Profit / employee

−£4.5k

Revenue/employee £167k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.3m	£13m	£14.1m	£12.7m
Cost of sales	£7.6m	£8.8m	£9.2m	£8.3m
Gross profit	£3.8m	£4.1m	£5m	£4.4m
Operating profit	£203k	−£40.5k	£382k	−£300k
Profit before tax	£207k	£63.9k	£250k	−£386k
Profit after tax	£201k	£72.3k	£190k	−£343k
Profit (best available)	£201k	£72.3k	£190k	−£343k
Staff costs	£2.7m	£3m	£3.3m	£3.2m
Employees (average)	68	78	79	76
Ratios
Profit margin	1.8%	0.6%	1.3%	−2.7%
Gross margin	33.4%	31.8%	35%	34.5%
Revenue per employee	£167k	£166k	£179k	£167k
Profit per employee	£3k	£928	£2.4k	−£4.5k
Cash conversion	−92.4%	—	−298.4%	—
Growth (year on year)
Revenue growth	—	▲14.1%	▲9.2%	▼10.2%
Profit growth	—	▼64%	▲162.1%	▼280.7%
Headcount growth	—	▲14.7%	▲1.3%	▼3.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£256k	£294k	£65.2k	£75.4k
Net assets	£1.9m	£2m	£2.1m	£1.8m
Fixed assets	£2.2m	£3.1m	£3.1m	£2.8m
Current assets	£3.3m	£4m	£3.5m	£2.9m
Debtors	£1.7m	£2.4m	£2m	£1.6m
Deferred income	£237k	£127k	£171k	£204k
Cash from operations	−£187k	£299k	−£1.1m	−£378k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: −2.7%; Profit ÷ revenue.
Gross margin: 34.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £167k; Revenue ÷ average employees.
Profit per employee: −£4.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼16%; Now £1.8m
Cash at bank: ▲16%; Now £75.4k
Headcount: ▼4%; Now 76
Deferred income: ▲19%; Now £204k
Fixed assets: ▼10%; Now £2.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£343k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.